Arkema SA (OTCMKTS:ARKAY - Get Free Report)'s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $66.46 and traded as high as $69.4265. Arkema shares last traded at $69.4265, with a volume of 784 shares traded.
Analyst Upgrades and Downgrades
A number of brokerages have weighed in on ARKAY. Zacks Research upgraded Arkema from a "strong sell" rating to a "hold" rating in a research report on Monday, May 4th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Arkema in a report on Tuesday, June 23rd. Kepler Capital Markets downgraded shares of Arkema from a "hold" rating to a "strong sell" rating in a research note on Thursday, May 7th. The Goldman Sachs Group downgraded shares of Arkema from a "buy" rating to a "neutral" rating in a research note on Monday, June 8th. Finally, Barclays raised shares of Arkema from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 12th. One equities research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Arkema presently has a consensus rating of "Hold".
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Arkema Stock Down 0.0%
The firm has a market capitalization of $5.28 billion, a price-to-earnings ratio of 239.40 and a beta of 0.85. The firm has a fifty day moving average price of $66.46 and a 200 day moving average price of $68.37. The company has a current ratio of 2.25, a quick ratio of 1.64 and a debt-to-equity ratio of 0.53.
Arkema (OTCMKTS:ARKAY - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The basic materials company reported $1.98 earnings per share for the quarter, beating analysts' consensus estimates of $1.86 by $0.12. The firm had revenue of $2.79 billion during the quarter, compared to analysts' expectations of $2.86 billion. Arkema had a return on equity of 4.27% and a net margin of 0.67%. Sell-side analysts anticipate that Arkema SA will post 3.68 EPS for the current fiscal year.
Arkema Company Profile
(
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Arkema SA is a global specialty chemicals and advanced materials company headquartered in Colombes, France. Established in 2004 as a spin-off from Total's chemicals division, the company offers a broad portfolio of high-performance materials designed to improve durability, thermal and chemical resistance, and environmental performance across diverse industries.
Arkema's operations are organized into four core segments. Adhesive Solutions delivers bonding, sealing, and coating technologies for markets such as packaging, medical devices, and consumer goods.
Further Reading
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